Street view of 3179 Beeler Ave
1 / 6
23score
↓ $5,000
$245,000
MLS Street view
Search photos

3179 Beeler Ave

Indianapolis IN 46224 · Single Family · built 1962
4 bd2.5 ba1,680 sqft$146/sqft vs ZIP $159 −8%
1.08 lender DSCR (est.)
Rent covers the estimated payment 1.08× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $1,872/mo (HUD fair-market rent) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes from the county assessor. Assumptions as of 2026-09-12.

8% under ZIP $/sqftprice cut 2%
The underwriting

The numbers (estimates, illustrative)

$245,000List price
$1,872Rent estimate / mo
1.08Lender DSCR (est.)
$4,080Taxes / yr · county assessor
$159ZIP median $ / sqft
23/100Deal Score

Monthly picture (illustrative)

Rent est.$1,872
− Mortgage (P&I)−$1,285
− Taxes−$340
− Insurance−$102
= Cash flow before vacancy & repairs$145

The numbers

Price
$245,000
$ / sq ft
$146 ZIP median $159
Rent estimate
$1,872/mo HUD fair-market rent
Property taxes
$4,080/yr 2% cap on assessed value $204,000
PITIA (assumed)
$1,727/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.08 rent ÷ PITIA · lender floor 1.20
Deal Score
23/100 8% under ZIP $/sqft · price cut 2%

The property

Beds / baths
4 / 2.5
Living area
1,680 sq ft
Lot
11,326 sq ft
Year built
1962
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22112842
Listed
Jul 25, 2026
Days on market
84
Listing agent
Gloria Gear · Keller Williams Indy Metro W
3177504998 · gloria@gearregroup.com
Price history
First asked $250,000 · previously $246,000 cut $5,000
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All figures are illustrative estimates from the list price, public records, rent comps / HUD fair-market rent and assumed financing (75% LTV, ~7.5%, 30 yr, as of 2026-09-12). Not verified, not an offer, not investment advice. Triad Global, LLC is a real-estate investor, not a licensed brokerage. Listing data from public sources; verify everything before you bid. Equal Housing Opportunity.

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